Malaysia regulatory update- Deadlines
IRBM Announces New Timeline for Mandatory E-Invoicing Implementation
Malaysia’s Inland Revenue Board has released updated e-invoicing guidelines and confirmed a phased rollout starting August 2024, with full adoption required for all taxpayers by July 2025.
SwathyContent MarketerPublishedReading time1 min readThe Inland Revenue Board of Malaysia (IRBM) has announced a revised gradual rollout plan for Malaysia’s mandatory e-invoicing implementation and issued clarifications to previously published guidelines.
On 28 October 2023, IRBM released updated documentation covering the scope and timing of e-invoicing adoption for targeted taxpayers. The updates include:
- E-Invoice Guideline Version 2.1
- E-Invoice Specific Guideline Version 1.1
- E-Invoice Catalogue
Updated Mandatory E-Invoicing Timeline
Under the revised rollout plan, mandatory e-invoicing will be implemented in phases based on annual turnover or revenue:
- 1 August 2024
Taxpayers with annual turnover or revenue exceeding RM 100 million (approximately EUR 20 million) - 1 January 2025
Taxpayers with annual turnover or revenue exceeding RM 25 million and up to RM 100 million - 1 July 2025
All remaining taxpayers
Additional Clarifications
The updated guidelines primarily provide clarifications to existing provisions and do not introduce material changes to the overall e-invoicing framework or scope.
Further guidance is expected as the implementation date approaches, particularly for taxpayers in the later rollout phases.
Sources
Official sources for this update are being added during regulatory review.
- Article published
- 31 Oct 2023
- Effective date
- Not set
- Content review
- Pending regulatory review
Malaysia: current requirements
- B2B
- Mandatory
- B2G
- Mandatory
- B2C
- Mandatory
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